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NON - UNIFORM COVENANTS. Borrower and ! ender further covenant and agree as follows RJ;� 01943 <br />19. Acceleration; Remedies, Lender shall give notice to Borrower prior to acceleration following Borrower's <br />breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under paragraphs 13 and 17 <br />unless applicable taw provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the <br />r" default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; <br />and (d) that failure to cure the default on or before the date specified in the notice may result in acceleration of the sums <br />secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to <br />reinstate after acceleration and the right to bring A court action to assert the non - existence of a default or any other <br />defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender <br />at Its option may require immediate payment in full of all Sums secured by this Security Instrument without further <br />demand and may invoke the power of sale and any other remedies <br />Permitted by applicable law. Lender shall be entitled to <br />collect all expenses Incurred in pursuing the remedies provided in this paragraph 19, including, but not limited to, <br />reasonable attorneys' fees and costs of title evidence. <br />If the power of sale is invoked, Trustee shall record a notice of default in each county in which any part of the <br />Property is located and shall mail copies of such notice in the manner prescribed by applicable law to Borrower and to the <br />other Persons prescribed by applicable law. After the time required by applicable law, Trustee shall give public notice of <br />sale to the persons and in the manner prescribed by applicable law. Trustee, without demand on Borrower, shall sell the <br />Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in <br />one Or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by <br />public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the <br />Property at any sale. <br />Upon receipt of payment of the price bid, Trustee shall deliver to the purchaser Trustee's deed conveying the <br />Property. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. <br />Trustee shall apply the proceeds Of the sale in the following order: (a) to all expenses of the sale, including, but not limited <br />to, Trustee's fees as permitted by applicable law and reasonable attorneys' fees: (b) to all sums secured by this Security <br />Instrument; and (c) any excess to the person or persons legally entitled to it. <br />20. Lender in Possession. Upon acceleration under paragraph 19 or abandonment of the Propem. Lender (in <br />person, by agent or by judicially appointed receiver) shall be entitled to enter upon, take possession of and manage the <br />Property and to collect the rents of the Property including those past due. Any rents collected by Lender d the receiver <br />shall be applied first to payment of the costs of management of the Property and collection of rents, Including, but not <br />limited to, receiver's fees, premiums on receiver's bonds and reasonable attorneys' fern, and then to the sums secured by <br />this Security Instrument. <br />21. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to <br />reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Secunry <br />Instrument to Trustee. Trustee shall reconvey the Property without warranty and without charge to the person or persons <br />legally entitled to it. Such person or persons shall pay any recordation costs. <br />22. Substitute Trustee. Lender, at its option, may from time to time remove Trustee and appoint a succesux truster <br />to any Trustee appointed hereunder by an instrument recorded in the county in which this Security Instrument is recorded <br />Without conveyance of the Property, the successor trustee shall succeed to all the title, power and duties con <br />Trustee herein and by applicable law. ferred upon <br />23. Request for Notices. Borrower requests that copies of the notices of default and sale be sent in Borrower's <br />address which is the Property Address. <br />24. Riders to this Security Instrument. If one or more nders are executed by Borrower and recorded together with <br />this Security Instrument, the covenants and agreements of each such rider shall be incorporated into and shall amend and <br />supplement the covenants and agreements of this Security Instrument as if the nder(s) were a part of this Sec u IN <br />Instrument. [Chock applicable box(es)) <br />K4 Adjustable Rate Rider <br />_? Condominium Ruder -- <br />Graduated Payment Rider 2 -t Family Rider <br />Planned Unit Development Rider <br />J Other(s) [specify) <br />BY SIGNING BELOW. 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